According to Achiievers Equities, Silver dropped as demand for the precious metal eased, after the dollar bounced off session lows, despite ongoing geopolitical tensions over North Korea.
Achiievers Equities' commodity report on Silver
Silver trading range for the day is 41538-42230.
Silver dropped as demand for the precious metal eased, after the dollar bounced off session lows, despite ongoing geopolitical tensions over North Korea.
The Federal Reserve said in its Beige Book that the U.S. economy expanded at a modest-to-moderate pace between mid-February and the end of March.
Holdings at ishares silver trust dropped by 0.29% i.e. 29.44 tonnes to 10149.32 tonnes from 10178.76 tonnes.
BUY SILVER MAY 2017 @ 41800 SL 41550 TGT 42100-42350.MCX
For all commodities report, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.